JPY
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Softens below 178.00, bearish outlook remains intact under 100-day SMA
The EUR/JPY cross trades with mild losses near 177.70 during the early European trading hours on Tuesday. The Euro (EUR) weakens against the Japanese Yen (JPY) as street riots in France raise concerns over political stability. Zew Surveys from Germany and the Eurozone will be released later on Tuesday. Also, European Central Bank (ECB) policymaker […]
by Currency Hedger
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- 5 hours ago
CNH, JPY, KRW, Market Analysis, Technical Analysis
Asian Currency Forecast: South Korean Won Leads Regional Gains as Yuan Strengthens and Yen Consolidates
Asian currencies are showing mixed but modestly positive momentum, with the South Korean won rising 0.40% to lead regional gains and the Chinese yuan advancing 0.06%. The Japanese yen remains little changed, highlighting differences in investor sentiment and the factors influencing each currency. The won’s advance puts it at the forefront of the latest regional […]
by Currency Hedger
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- 7 hours ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Forecast: USD/JPY Holds Near 158.5 as Hawkish BOJ Signals Fail to Lift Currency
The Japanese yen is hovering around 158.5 per US dollar, struggling to recover despite hawkish remarks from Bank of Japan (BOJ) Governor Kazuo Ueda. While underlying inflation is approaching the central bank’s 2% target, supported by a moderate economic recovery and tight labour market conditions, the yen continues to face pressure from interest-rate differentials and […]
by Currency Hedger
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- 8 hours ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Retakes 110.00 on upbeat China GDP; upside seems limited
The AUD/JPY cross attracts some follow-through buyers for the second straight day on Monday, recovering further from an eight-month low, around the 108.65-108.60 region, touched last week. Spot prices climbed back above the 110.00 psychological mark during the Asian session amid a combination of supporting factors. The Australian Dollar (AUD) gets a minor lift in […]
by Currency Hedger
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- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Hovers around 177.50 near nine-day EMA
EUR/JPY appreciates after opening at a bearish gap, remaining in negative territory and trading around 177.50 during Asian hours on Monday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a capped tone as it holds below the […]
by Currency Hedger
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- 1 day ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Outlook: USD/JPY Holds Near 158 as BOJ Signals Inflation Is Approaching Target
The Japanese yen is trading around 158 per US dollar, with limited movement as investors weigh a mildly hawkish message from Bank of Japan Governor Kazuo Ueda against concerns about Japan’s public debt and fiscal outlook. Ueda’s assessment that underlying inflation is approaching the central bank’s 2% target reinforces the possibility of further monetary policy […]
by Currency Hedger
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- 1 day ago
JPY, Market Analysis, Technical Analysis
Japanese Yen holds gains on BoJ’s hawkish tilt
The USD/JPY pair loses ground to near 157.85 during the early European trading hours on Friday. Hawkish hints from Bank of Japan (BoJ) policymakers provide some support to the Japanese Yen (JPY) against the US Dollar (USD). BoJ board member Junko Koeda said on Thursday that the central bank should not become overly cautious about […]
by Currency Hedger
- 0 Comments
- 4 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds steady below 177.50, bearish technicals reinforce downside bias
The EUR/JPY cross trades on a flat note around 177.30 during the early European trading hours on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Furthermore, hawkish comments from a Bank of Japan (BoJ) policymaker could provide some support to the JPY and act […]
by Currency Hedger
- 0 Comments
- 4 days ago
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: 157.50 pivotal support holds after Warsh’s remarks
The USD/JPY pair fades an Asian session uptick to the 158.15-158.20 region, sliding back below the 158.00 mark following Federal Reserve (Fed) Chair Kevin Warsh’s opening remarks at the Annual Meetings of the International Monetary Fund and World Bank Group, in Bangkok. In a conversation with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, […]
by Currency Hedger
- 0 Comments
- 4 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Strengthens above 177.00, but bearish bias persists below key resistance
The EUR/JPY cross trades in positive territory near 177.10 during the early European trading hours on Thursday. However, the potential upside for the cross might be limited as traders remain on high alert for currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama warned that she was prepared to take action in the currency […]
by Currency Hedger
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- 5 days ago